https://www.taxtmi.com/caselaws?id=368698 Conviction for cheque dishonour under Section 138 of the Negotiable Instruments Act was set aside after the revision petitioner paid the settled amount and the complainant consented to compounding. The High Court applied the principle that such offences are predominantly compensatory in character and that Section 147 permits compounding of an offence under Section 138. On the basis of the memo of compromise and settlement, the conviction and sentence were quashed and the petitioner was acquitted. en-us Wed, 26 Sep 2018 00:00:00 +0530 Fri, 12 Oct 2018 09:53:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368698 Conviction for cheque dishonour under Section 138 of the Negotiable Instruments Act was set aside after the revision petitioner paid the settled amount and the complainant consented to compounding. The High Court applied the principle that such offences are predominantly compensatory in character and that Section 147 permits compounding of an offence under Section 138. On the basis of the memo of compromise and settlement, the conviction and sentence were quashed and the petitioner was acquitted. Case-Laws Indian Laws Wed, 26 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368698